Occupational dreams, choices and aspirations: adolescents' entrepreneurial prospects and orientations

The present study examined possible early antecedents of entrepreneurship of 14-17-year-old 10th grade students (n=320). We hypothesized that Entrepreneurial Orientation (interest and self-efficacy), together with Willingness to Expend Effort, would be an important predictor of an adolescent's Entrepreneurial Prospects, i.e. prospects of becoming self-employed in the future. Furthermore, personality and the model of self-employed family were expected to predict the level of Entrepreneurial Orientation. The same relationships were investigated separately for students who were more or less willing to expend effort. Among students more willing to expend effort, levels of Entrepreneurial Orientation were higher for those who were conscientious, self-efficient, open to new experiences, and low in agreeableness. Among students less willing to expend effort, a high need for social recognition predicted higher levels of Entrepreneurial Orientation. In addition, parents' model for them was connected with lower levels of Entrepreneurial Orientation. A moderating effect of Willingness to Expend Effort was supported by the results for parents' model and need for social recognition.